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3.3 the strength of water transportation is high investment cost.
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- only a,b,c,or d option no explanation Three applicants are to be selected at random out of 4 boys and 6 girls. What is the probability of selecting, at least one girl? Answer Answer Option a) 0.5 b) 0.15 d) 0.366 c) 0.636Correct or Incorrect: If a student’s time value of money rate is 30%, then the student would be indifferent between $100 today and how much in 1 year? a. $30 b. $100 c. $103 d. $130.Assume that you are approached to assess a venture of building another bridge. Which of the following factors is the LEAST important in terms of engineering economics. a. number of vehicles in the city b. current interest rate c. cost structure d. service life of the bridge
- Daniel Mathews a footballer who is based in Sweden received a fine of $2 500 and a two-match suspension for use of performance-enhancing drugs. Daniel receives a match fee of $5 000 per match from the Sweden Footballers Board, plus additional appearance money of $10 000 per match from Adidas. He also pays $500 per match for comprehensive insurance against injury. In opportunity cost terms, the cost of this incident for Daniel Mathews is: a) $17 500 b) $14 000 c) $31 500 d) $14 000.Reconsider again the previous health insurance question. Of the choices below, which one is closest to the spread between the minimum possible number of reports and the maximum possible reports to achieve the company’s desired outcome? a. 10. b. 4. c. 6. d. 0.solve this ealy but correctly
- A foundation is holding a fund-raising campaign in a form of a raffle. A raffle ticket costs 120 php and there are 5,000 tickets to be sold. The ticket drawn in the raffle will win for its holder the price of 100,000 php. Compute the expected profit or loss for joining this raffle. A. -120 php B. -88.98php C. -99.98php D. -100phpAir pollution in the country of Gawanza has grown over the last ten years with an increase in manufacturing industries. The government of Gawanza now has a plan to reduce the CO2 emissions into the air by 10% per year over the next 10 years. What do you expect will happen? Group of answer choices The cost and benefits to Gawanza will be lowest in the last few years of implementing this plan. The cost and benefits to Gawanza will be highest in the last few years of implementing this plan. The cost will be the highest and benefits the lowest in year ten.Your company wants to do their part to reduce pollution. They commit to reducing their greenhouse gasses by 12 tons per year. The company can pay for a reforestation project carbon offset at $8 per ton. Or you can modify your production by abating a ton of pollution.The marginal cost of abating the first ton of greenhouse pollution is $4 with each additionalabated ton costing $1 more (i.e. $5,$6, etc). How much will it cost in total to abate the 12 tons without using the reforestation offsets? What is the best combination, cost wise, using abatement and reforestation offsets? How much does the company save by using the offsets?
- 4 with complete solutionMultiple choice question: Suppose a high-speed rail system is proposed that will save commuters from the suburbs a lot of valuable time. If the high-speed rail system is built, the value of homes in the suburbs will increase because of the easier commute. When estimating the potential benefits of the high-speed rail system: A. it is important not to double count benefits since the rise in home values is caused by the time savings. B. it is important to count both the rise in home values and the value of time saved by commuters. C. neither the rise in home values nor the value of time saved by commuters is considered a benefit of investing in the high-speed rail system. D. the increased value of suburban homes is considered a cost rather than a benefit.During your first month as an employee at Engro. Industries (a large drill-bit manufacturer),you are asked to evaluate alternatives for producing a newly designed drill bit on a turningmachine. Your boss’ memorandum to you has practically no information about what thealternatives are and what criteria should be used. The same task was posed to a previousemployee who could not finish the analysis, but she has given you the following information:An old turning machine valued at $350,000 exists (in the warehouse) that can be modified forthe new drill bit. The in-house technicians have given an estimate of $40,000 to modify thismachine, and they assure you that they will have the machine ready before the projected startdate (although they have never done any modifications of this type). It is hoped that the oldturning machine will be able to meet production requirements at full capacity. An outsidecompany, Descon Engg. Inc., made the machine seven years ago and can easily do the…